Common use of Indemnification of Shareholder Clause in Contracts

Indemnification of Shareholder. The Purchaser will indemnify and hold Shareholder and its directors, officers, shareholders, partners, employees and agents (each, a "Shareholder Party") harmless from any and all losses, liabilities, obligations, claims, contingencies, damages, costs and expenses, including all judgments, amounts paid in settlements, court costs and reasonable attorneys' fees and costs of investigation (collectively, "Losses") that a Shareholder Party may suffer or incur as a result of or relating to the failure of the representations and warranties of the Shareholder to be true and correct.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Ecoplus Inc), Securities Purchase Agreement (Video River Networks, Inc.), Securities Purchase Agreement (Video River Networks, Inc.)

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Indemnification of Shareholder. The Purchaser will indemnify and hold Shareholder and its directors, officers, shareholders, partners, employees and agents (each, a "Shareholder Party") harmless from any and all losses, liabilities, obligations, claims, contingencies, damages, costs and expenses, including all judgments, amounts paid in settlements, court costs and reasonable attorneys' fees and costs of investigation (collectively, "Losses") that a Shareholder Party may suffer or incur as a result of or relating to the failure of the representations and warranties of the Shareholder Purchaser to be true and correct.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Kid Castle Educational Corp), Securities Purchase Agreement (Healthway Shopping Network)

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Indemnification of Shareholder. The Purchaser will indemnify and hold Shareholder and its directors, officers, shareholders, partners, employees and agents (each, a "Shareholder Party") harmless from any and all losses, liabilities, obligations, claims, contingencies, damages, costs and expenses, including all judgments, amounts paid in settlements, court costs and reasonable attorneys' fees and costs of investigation (collectively, "Losses") that a Shareholder Party may suffer or incur as a result of or relating to the failure of the representations and warranties of the Shareholder Purchaser to be true and correct.

Appears in 1 contract

Samples: Securities Purchase Agreement (Futuris Co)

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